DTE Energy raises quarterly dividend 5.3% The DTE Energy board declared a 69c per share dividend on its common stock payable Oct. 15 to shareholders of record at the close of business Sept. 15. This is a 3.5c per share, or 5.3%, increase from the previous quarterly dividend of 65.5c per share and reflects the board's and management's confidence in DTE's long-range growth plan.
DTE Energy announces expansion in Bluestone system DTE Energy (DTE) and Southwestern Energy Co. (SWN) signed an agreement to significantly expand their relationship centered on the Bluestone Pipeline and in-field gathering system. The new gathering agreement increases the infrastructure footprint associated with DTE Energy's gathering assets by approximately 50% in Susquehanna County, Pa. This agreement also increases Southwestern's transportation capacity on the Bluestone Pipeline. The 44.5-mile Bluestone Pipeline can deliver approximately 0.8 Bcf/day of gas to both the Millennium Pipeline in Broome County, N.Y., and the Tennessee Gas Pipeline in Susquehanna County, and is currently increasing its capacity to 1.0 Bcf/d by mid-2016.